Soufun's latest results point to a strong rebound for buying and selling activity in the real estate market, providing potential upside for the company's profits and shares. After showing early signs of a pickup last fall, online real estate services firm Soufun is sending even stronger signals that springtime may indeed be coming for companies that make their money from buying and selling activity in the property market.
Here it's important to point out that this coming spring for market leaders Soufun and E-House doesn't mean that China's real estate prices are going to start rising sharply again anytime soon. Instead, what it means is that real estate buyers and sellers are starting to feel confident that the market has stabilised after more than a year of uncertainty due to government cooling policies...............................................Full Article: Source